The bank nearly died because of ineffective political projects, but the officials don't care.
The auditors of the Accounting Chamber concluded that the disastrous situation was caused by the VEB's "bad management" and "non-transparent procurement."
The corporate recovery will affect only non-core assets of the group.
President of VTB Bank caused record damage to the Russian energy sector.
The resignation of Vladimir Dmitriev as head of VEB, reported by RBC sources, was probably due to the fact that he had performed his tasks "without informing about the risks". How did the corporation become a "cesspool" of bad debts?